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Methuen Town 01844
8 Hilbert Terrace
$318,000
● House - Off Market

8 Hilbert Terrace

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,442 Ft²
$437,112
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

A Must See! Well Maintained "L" shaped ranch on a corner fenced in lot with 3+ bedrooms. This move in ready home features an updated eat-in kitchen and dining area with tile floors. The living room and hallway have new laminate flooring. The family room has it's own gas heating source to save on heating bills when not in use. The family room also features a sliding door that leads to a patio with a fire pit for those cool evenings. Town water & sewer. Convenient to shopping, Rte 495 & 213.
Unit Size
1,442 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$208
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72596674)

Price History

Date / Event Date Event Price
Jan 24, 2020 Sold
Premium
Sold
Nov 29, 2019 Listed by Century 21 McLennan & Company $300,000
Listed by Century 21 McLennan & Company
Jun 7, 2013 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,442
  • Gross Building Area: 1,880
  • Building Area: 1,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,442
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Methuen School District
  • School Tax School District: METHUEN SD
  • Census Tract: 252502

Zoning

  • Zoning: RC

Geography

  • Account Number: 14437
  • Parcel: METH M:00912 B:00082 L:00002K
  • Block: 82
  • Lot: 2K
  • Municipality: METHUEN
  • Latitude: 42.7319
  • Longitude: -71.1553

    Address

  • Full Address: 8 Hilbert Ter
  • Address - House Number: 8
  • Address - Street Name: Hilbert
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Methuen
  • Carrier Code: C048
  • 4-Digit Zip Code: 5232
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,300

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 445,366
  • High Value: 528,857
  • Low Value: 361,876

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,200
  • Assessed Land Value: $163,200
  • Assessed Improvements Value: $167,000

    Sales

  • Current Sale Contract Date: Jan 24, 2020
  • Current Sale Recording Date: Jan 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1854
  • Previous Sale Recording Date: Jun 07, 2013
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Methuen Town

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$326

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72596674

Frequently Asked Questions

When was property at 8 Hilbert Terrace built and last sold?
The property at 8 Hilbert Terrace was built in 1960 and last sold on Jan 24, 2020 for $318,000.
How much is this home worth?
The estimated value of the home located at 8 Hilbert Terrace is $314,719.
What are some comparable homes to 8 Hilbert Terrace?
There are currently no comparable homes to 8 Hilbert Terrace.
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